Are People Hedging Their Bets On RCM / Royal Canadian Mint NCLT Coins?

To participate in the forum you must log in or register.

Author	Replies: 3 / Views: 1,741
Paisa Valued Member Canada 387 Posts	Posted 12/18/2013 8:33 pm I am beginning to wonder if people are actually hedging their bets on new releases of RCM NCLT coins and that is skewing the market place. I am looking at the example of the Autumn Bliss. What do I mean by hedging? Well people who are MC status or otherwise will put an order waiting to see what happens to the coin. If it takes off great. If not then they either cancel the order or return it upon receiving it. You can easily hedge your bets - it is easy to return to most dealers, RCM and Canada Post and if you live close to these places you do not lose on postage either. Report this Post to the Staff

canadian_coins Pillar of the Community United States 2408 Posts	Posted 12/18/2013 9:08 pm I suppose this is possible. But I would think that the RCM would have changed their return policy by now. Such as; you can only return because of a defective coin. It's true that sometimes we can be disappointed. In fact I once returned a coin because it was so bad. I returned a gold $150 hologram coin - the pig if I recall. But the difference is I only bought one. Report this Post to the Staff
Silveroid Pillar of the Community Canada 6768 Posts	Posted 12/18/2013 9:16 pm I believe, that the collectors, who want to collect only "popular" / "coins that will hold their value" coins follow this tactics. In addition, the trend is to order more than one coin (similar). What for? Sure as the gift, every time But need to say, do not think that this has influence on the market - the quantities too small. Report this Post to the Staff
Lithanial Valued Member Canada 451 Posts	Posted 12/18/2013 9:19 pm It does seem like a lot of coins that go unavailable at the Mint wind up being available a month or so later. I am not sure if it is a result of hedging or the Mint purposely attracting attention to their coins by giving out false status information. I do believe hedging may increase now that more and more coins are depreciating rapidly upon their release. The hobby flippers may adjust to the market by increasing their hedging, while the Mint may adjust back by changing their return policy. Report this Post to the Staff
	Replies: 3 / Views: 1,741

To participate in the forum you must log in or register.

All Forums Category: Canadian Coins and Currency Forums Forum: Canadian Commemoratives and Non-Circulating Coinage (NCLT)

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.26 seconds to rattle this change.

Are People Hedging Their Bets On RCM NCLT Coins?